trending Market Intelligence /marketintelligence/en/news-insights/trending/tiuri5ihjdbnvbw2wxnp9g2 content esgSubNav
In This List

Iceland's Össur completes share buyback, announces new one

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

University Essentials: From Crisis to Resilience – Navigating Sustainable Recovery


Iceland's Össur completes share buyback, announces new one

Össur hf. said it completed a share buyback program that it had announced in March.

The Iceland-based healthcare equipment manufacturer acquired 2,130,549 of its shares at an average price of 30.05 Danish kroner each.

The total purchase price was around 65 million kroner.

Össur, which develops orthopedic products, also announced a new share buyback program which will last until June 30, 2019. The company plans to buy up to 5 million of its stocks representing 1.2% of its current share capital.

The company has earmarked some 65 million kroner for the new share buyback program.

As of Oct. 8, US$1 was equivalent to 6.50 Danish kroner.